Pulse Financial Planning

Mayo Clinic is offering a one-time choice to make regarding your pension benefit from 8/14/2023 through 9/15/2023. Here is a summary what you need to know:

Making Sense of Your Mayo Pension Choice – Pulse Financial Planning Mayo Clinic is offering a one-time choice to make regarding your pension benefit from 8/14/2023 through 9/15/2023. Here is a summary what you need to know.

Inflation rates have recently risen to levels we haven’t seen in 30+ years. Sustained inflation can cause real challenges as your purchasing power degrades over time.

If higher prices are creating a strain on your finances, there are 3 things you can do to minimize the impact:
1. Reduce spending (Budget)
2. Increase income (Pick up shifts at work, ask for a raise)
3. Invest (Consider a high yield savings account combined with a diversified portfolio positioned for long term income and growth)

Check out my interview with KTTC for some tips on dealing with higher prices!

Rochester financial planner shares money management tips amid national inflation He said a spreadsheet is a useful tool.